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Off market
  • $990,700

    46-48 Osborne Ter, Newark, NJ 07108

    8beds
    2,300sqft
    Multi Family
    Built in 1952
    -- sqft lot
    $990,700 Zestimate®
    $431/sqft
    $2,305 Estimated rent

    Home value

    $990,700

    $941,000 - $1.04M

    $2,305/mo

    Zestimate® history
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    What's special

    Welcome to this exceptional legal three-family home a rare opportunity offering both comfortable living and outstanding investment potential. Pride of ownership shines throughout this meticulously maintained property, featuring a 6-car backyard parking area and a picturesque gazebo with sweeping views of the New York City skyline, creating the perfect ambiance for relaxing or entertaining. A potential bonus basement unit adds even more value and flexibility. Each unit is thoughtfully designed and in excellent condition, offering large eat-in kitchens, spacious living and dining areas, generous bedrooms, and abundant storage delivering comfort, functionality, and lasting appeal for residents. Ideally located within walking distance to schools, restaurants, shopping, and everyday conveniences, this home provides the lifestyle today?s buyers seek. The property will be delivered with two vacant units, including the largest, creating an ideal opportunity to live in one unit while generating rental income, or to maximize returns as a fully income-producing asset. Enjoy an exceptional commuter convenience just minutes from Newark Liberty International Airport via the Route 78 corridor and close to Newark Penn Station with direct Midtown service to Manhattan.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Zillow last checked:

    Source: BHHS broker feed,MLS#: 4010156

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air
    Features
    • Cable Ready
    • Has basement: No
    Interior area
    • Total structure area: 2,300
    • Total interior livable area: 2,300 sqft

    Property

    Features
    • Patio & porch: Patio
    Details
    • Parcel number: 1403026000000027

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl
    • Roof: Asphalt
    Condition
    • Year built: 1952

    Community & neighborhood

    Location
    • Region: Newark

    Price history

    DateEventPrice
    4/7/2026Listing removed$985,000$428/sqft
    Source: NJMLS #26005414 Report a problem
    2/18/2026Listed for sale$985,000+151.9%$428/sqft
    Source: NJMLS #26005414 Report a problem
    3/10/2017Sold$391,000-1%$170/sqft
    Source: GSMLS #3342275 Report a problem
    10/15/2016Listed for sale$395,000+472.5%$172/sqft
    Source: Jordan Baris Realtors #3342275 Report a problem
    8/27/2016Listing removed$69,000+15%$30/sqft
    Source: United Real Estate #1537373 Report a problem
    4/15/2016Sold$60,000-13%$26/sqft
    Source: GSMLS #3248541 Report a problem
    9/17/2015Listed for sale$69,000$30/sqft
    Source: United Real Estate #1537373 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$11,593 +5.2%$289,900
    2024$11,025 +0.1%$289,900
    2023$11,016 $289,900
    2022$11,016 $289,900
    2021$11,016 +1%$289,900
    2020$10,903 +59.7%$289,900
    2019$6,826 $289,900
    2018$6,826 +19.9%$289,900 +75.2%
    2017$5,693 +4%$165,500
    2016$5,476 +6.7%$165,500
    2015$5,132 +5%$165,500
    2014$4,887 -9.4%$165,500 +2.1%
    2012$5,395 +4.7%$162,100
    2011$5,155 +16.1%$162,100
    2010$4,440 +5.4%$162,100
    2009$4,213 +4.4%$162,100
    2008$4,036 $162,100
    2007$4,036 $162,100
    2006-- $162,100
    2005-- $162,100
    2004$3,501 $162,100
    2003-- $162,100 +1041.5%
    2002-- $14,200
    2001-- $14,200

    Find assessor info on the county website

    Neighborhood: Upper Clinton Hill

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $990,700
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    Estimated market value
    $990,700